In this edition of Inside The Deal, Peter Kaufman, president and head of restructuring and distressed M&A for the investment bank Gordian Group LLC, says opposition to a GM reorganization could be larger, more organized and more vocal than Chrysler dissenters. And that will have plenty to do with how quickly GM can emerge. See the video below or download it at iTunes.
GM just filed for bankruptcy. They think they can turn the company around. GM could not make good cars when they had lots of money and now with so much competition and being in bankruptcy they have no chance. The Japanese will crush GM. Now there is Korean cars to compete with too. Soon will be Chinese cars.
ComradePatriot 2 years ago